NEW YORK (InsideBitcoins) — That didn’t take long. Yesterday, leading Bitcoin miner GHash.IO promised to limit its processing power to less than 40% of the digital currency system’s capacity. How would it accomplish such a “hashrate” cap? Apparently, the strategy...

NEW YORK (InsideBitcoins) — Bitcoin may be a demand-driven “bubble,” but it is no Ponzi scheme, says Kaushik Basu, World Bank chief economist and author of ‘Ponzis: The Science and Mystique of a Class of Financial Frauds.’ “Contrary to a...

NEW YORK (InsideBitcoins) — Bitcoin holds the promise of reducing the exorbitant fees involved in money transfers in developing countries, as well as serving the millions of “unbanked” individuals in the world. Payfast, a payments processing service for South African...

NEW YORK (InsideBitcoins) — Time and time again, it’s been proven: the so-called “general public” has no idea what Bitcoin is. That is one reason that you’ll find our news coverage here at InsideBitcoins will either delete or define industry...

NEW YORK (InsideBitcoins) — You know that Bitcoin is going mainstream when CPAs start getting serious about it. The American Institute of CPAs (AICPA), the world’s largest member association representing the accounting profession, with more than 394,000 members in 128...

NEW YORK (InsideBitcoins) — Venture capital investments into Bitcoin related companies are reaching a fever pitch, with multiple announcements each day. Today, the Wall Street Journal is reporting Andreessen Horowitz and other investors, including Second Market’s Barry Silbert, Devonshire Investors,...

NEW YORK (InsideBitcoins) — In the early days of January this year, the Bitcoin world was shaken with a new fear: the 51% Problem. The largest mining pool, GHash.IO, came incredibly close to breaching more than half of all the...

NEW YORK (InsideBitcoins) — Real estate investors can now finance their investment projects with bitcoin, as Sequoian Investments, a real estate lending firm, has announced its acceptance of the digital currency. The company provides financing to real estate investors who...

NEW YORK (InsideBitcoins) — UK-based Elliptic, an insured Bitcoin storage service, has received a $2 million vote of confidence in the form of seed funding. Octopus Investments of London leads the venture capital investment, hailed as the first major buy-in...

NEW YORK (InsideBitcoins) — Young adults, aged 18-29, generally encompassing the generation known as Millennials, favor marijuana legalization, free markets and the Democratic party but when it comes to Bitcoin, nearly half say it should be prohibited. That’s the surprising...

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